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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 28, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 330,514 $ 395,076
Investments 944 898
Accounts receivable, net 669,534 702,168
Inventories 518,994 516,236
Other current assets 127,738 138,489
Total current assets 1,647,724 1,752,867
Property, plant and equipment, net 642,627 639,073
Intangible assets, net 591,883 629,187
Goodwill 1,306,593 1,305,446
Operating lease assets 76,642 84,591
Other assets 246,151 215,690
Total assets 4,511,620 4,626,854
Current liabilities:    
Notes payable and debt 0 50,000
Accounts payable 94,596 84,705
Accrued employee compensation 79,356 69,391
Deferred revenue and customer advances 294,884 256,675
Current operating lease liabilities 25,346 27,825
Accrued income taxes 150,242 120,257
Accrued warranty 10,491 12,050
Other current liabilities 161,125 168,677
Total current liabilities 816,040 789,580
Long-term liabilities:    
Long-term debt 1,826,248 2,305,513
Long-term portion of retirement benefits 51,007 47,559
Long-term income tax liabilities 17,819 137,123
Long-term operating lease liabilities 53,234 58,926
Other long-term liabilities 144,173 137,812
Total long-term liabilities 2,092,481 2,686,933
Total liabilities 2,908,521 3,476,513
Commitments and contingencies (Notes 6, 7 and 9)
Stockholders' equity:    
Preferred stock, par value $0.01 per share, 5,000 shares authorized, none issued at September 28, 2024 and December 31, 2023 0 0
Common stock, par value $0.01 per share, 400,000 shares authorized, 162,940 and 162,709 shares issued, 59,367 and 59,176 shares outstanding at September 28, 2024 and December 31, 2023, respectively 1,629 1,627
Additional paid-in capital 2,324,225 2,266,265
Retained earnings 9,557,257 9,150,821
Treasury stock, at cost, 103,573 and 103,533 shares at September 28, 2024 and December 31, 2023, respectively (10,147,727) (10,134,252)
Accumulated other comprehensive loss (132,285) (134,120)
Total stockholders' equity 1,603,099 1,150,341
Total liabilities and stockholders' equity $ 4,511,620 $ 4,626,854